“The real triumph of (neoliberalism) was not its capture of the right, but its colonization of parties that once stood for everything Hayek detested.”

Photo credit.

The end is the beginning: “Hayek told us who we are, and he was wrong.”

Neoliberalism: the deep story that lies beneath Donald Trump’s triumph, by George Monbiot (The Guardian)

 … It was inevitable that the blazing, insurrectionary confidence of neoliberalism would exert a stronger gravitational pull than the dying star of social democracy. Hayek’s triumph could be witnessed everywhere from Blair’s expansion of the private finance initiative to Clinton’s repeal of the Glass-Steagal Act, which had regulated the financial sector. For all his grace and touch, Barack Obama, who didn’t possess a narrative either (except “hope”), was slowly reeled in by those who owned the means of persuasion.